INDUSTRIAL SOFTWARE SOLUTIONS LIMITED

🌳Matureactive
SC196584 · ltd · incorporated 1999-05-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Hygiene score: 90 → 70
  • · Opportunity score: 81 → 73
  • · Bankability: 75 → 65
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ·Investment thesis: well_run_hard_buy → unclassified
  • ↓Opportunity score: 81 → 73
  • ↓Hygiene score: 90 → 70
  • ↓Bankability: 75 → 65
  • ·Distress / opportunity: avoid → attractive
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£285.2k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £285,170
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£157k
↓ 37% YoY
Net Worth
£285k
↑ 31% YoY
Current Assets
£472k
↑ 25% YoY
Current Liabilities
—
£0£94k£189k£283k£378k£472kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£289.8k£219.3k
Current assets£472.4k£378.5k
Cash£156.7k£247.7k
Debtors£303.3k£117.7k
Net assets£285.2k£218.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 address
Last 180 days
1
filing
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2020-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2017-12-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2016-12-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-07-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2008-07-17
    ➕
    O'RORKE, Craig John James appointed
    director
  18. 1999-06-08
    ➕
    MCKEAN, Alan appointed
    secretary
  19. 1999-06-08
    ➕
    MCKEAN, Alan appointed
    director
  20. 1999-06-08
    ➕
    STEWART, Gavin appointed
    director
  21. 1999-06-08
    ➖
    MACDONALD, Morinne resigned
    nominee-secretary
  22. 1999-06-08
    ➖
    HENDERSON, Christine Selbie resigned
    nominee-director
  23. 1999-06-08
    ➖
    MACDONALD, Morinne resigned
    nominee-director
  24. 1999-05-25
    🏢
    Company incorporated
    As INDUSTRIAL SOFTWARE SOLUTIONS LIMITED
  25. 1999-05-25
    ➕
    MACDONALD, Morinne appointed
    nominee-secretary
  26. 1999-05-25
    ➕
    HENDERSON, Christine Selbie appointed
    nominee-director
  27. 1999-05-25
    ➕
    MACDONALD, Morinne appointed
    nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-08

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Craig John James O'Rorke
Individual · British · DOB 05/1965 · age 61
25–50%
—25-50% shares31/03/2021
Mr Alan Mckean
Individual · British · DOB 01/1972 · age 54
25–50%
—25-50% shares06/04/2016
Mr Gavin Stewart
Individual · British · DOB 03/1970 · age 56
——sig. influencesignificant influence06/04/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1999-05-25
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

5 Teal Court Teal Court
Strathclyde Business Park
Bellshill
ML4 3NN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-08OVERDUE
Last: 2025-05-25

Officers (4 active · 3 resigned)

MCKEAN, Alan→
secretary · appointed 1999-06-08
View their other companies + combined net worth →
Active
MCKEAN, Alan→
director · ~54y · appointed 1999-06-08
View their other companies + combined net worth →
Active
O'RORKE, Craig John James→
director · ~61y · appointed 2008-07-17
View their other companies + combined net worth →
Active
STEWART, Gavin→
director · ~56y · appointed 1999-06-08
View their other companies + combined net worth →
Active
MACDONALD, Morinne→
nominee-secretary · appointed 1999-05-25 · resigned 1999-06-08
Resigned
HENDERSON, Christine Selbie→
nominee-director · ~74y · appointed 1999-05-25 · resigned 1999-06-08
Resigned
MACDONALD, Morinne→
nominee-director · ~70y · appointed 1999-05-25 · resigned 1999-06-08
Resigned

Click a director name to see their full track record across all companies.

Recent filings (74 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-22